Texas Power
Type | Privately Owned |
---|---|
Industry | Electric Utilities |
Founded | 2005 |
Headquarters | Arlington, TX , |
Area served | Texas |
Key people | Bart Simmons, CEO David Chase, GM Kevin Hermann, CFO |
Parent | Tristar Producer Services, Inc. |
Website | www.texaspoweronline.com |
Texas Power is a retail electricity provider (REP) serving all deregulated electricity areas in Texas. They are located in Arlington, Texas. Texas Power bills customers for electric service provided by the power distribution companies.[1]
Texas Power services roughly 20,000 residential electricity customers. Texas Power also serves small, medium and large commercial accounts.
History[]
In 2002, Texas deregulated the electricity market and in 2000, Texas Power joined in. They now compete against other energy companies like Glacial Energy, Champion Energy, TXU, , Reliant Energy, MXenergy, Direct Energy, Stream Energy, , Gexa Energy, . Jon Fearing, of the company's risk management department, played an integral role in the company's growth over the years.
Hurricane Katrina[]
When Hurricane Katrina hit on August 29, 2005, it hurt several pipelines that helped to supply power to Texas companies. This decrease in supply resulted in a rising price to consumers in the aftermath of the hurricane.[2]
See also[]
References[]
- ^ About Us - Texas Power Electric Company. Texas Power. Retrieved on 2008-07-05.
- ^ Alipour, Panteha; Mukherjee, Sayanti; Nateghi, Roshanak (October 2019). "Assessing climate sensitivity of peak electricity load for resilient power systems planning and operation: A study applied to the Texas region". Energy. 185: 1143–1153. doi:10.1016/j.energy.2019.07.074.
- Texas Power's COO Puts Pressure on PUC
- Forbes.com: Texas Power Celebrates North Texas Women[dead link]
- Texas Power Joins In the Celebration
- New GM Comes from Within[dead link]
External links[]
- Companies based in Arlington, Texas